Thursday, May 27, 2010

Get Out of Equities

The urgency of predictions from financial gurus that I read, that another crash is coming, is increasing. For example, this column by Paul Farrell on the Wall Street Journal's 'Market Watch', with the title 'Warning: Crash dead ahead. Sell. Get liquid. Now.'

I've had the investments that I control out of stocks and in safer bonds now for almost two months, and I'm glad that I did, because I avoided the recent decline.  This is a bad financial environment to have very much money in the stock market.

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